IDT Corporation, together with its subsidiaries, provides communications and payment services in the United States, the United Kingdom, and internationally. It operates in four segments: National Retail Solutions, Fintech, Net2phone, and Traditional Communications. The company operates point of sale, a terminal-based platform which provides independent retailers with store management software, electronic payment processing, and other ancillary merchant services; and marketers with digital out-of-home advertising and transaction data. It also offers BOSS Money for international money remittance, and related value and payment transfer services, as well as net2phone solutions comprising unified communications as a service; contact center as a service under the uContact brand; net2phone AI, which delivers customer experiences across sales, support, and administrative tasks; and net2phone Coach, a workforce intelligence and coaching platform. In addition, the company provides IDT Digital Payments, which enables businesses, entrepreneurs, and developers to offer prepaid digital offerings, including mobile airtime top-up, mobile data bundles, digital gift cards, and eSIMs through its Zendit platform; and BOSS Revolution, which offers international long-distance voice calling to immigrant communities. Further, it provides IDT Global, a wholesale provider of international voice, SMS termination, and outsourced traffic management solutions to telecoms; and IDT Express, a mobile self-service portal paired with dedicated account managers backed by customer support. IDT Corporation was incorporated in 1978 and is headquartered in Newark, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | $127M | $76M | $106M | 23.0% | 2.1% | 18.1% |
| 2024 | $1.2B | $82M | $64M | $59M | 24.2% | -2.7% | 59.2% |
| 2023 | $1.2B | $82M | $40M | $30M | 19.2% | -9.2% | 49.8% |
| 2022 | $1.4B | $71M | $27M | $8M | 14.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,364.06 | 1,238.85 | 1,205.78 | 1,231.49 |
| Cost Of Revenue | 1,039.06 | 881.61 | 815.62 | 785.30 |
| Gross Profit | 325 | 357.24 | 390.16 | 446.19 |
| Operating Expense | 271.63 | 295.28 | 328.06 | 340.04 |
| Operating Income | 53.36 | 61.96 | 62.10 | 106.16 |
| EBITDA | 71.48 | 82.10 | 82.45 | 127.16 |
| EBIT | 53.36 | 61.96 | 62.10 | 106.16 |
| Pretax Income | 34.88 | 60.81 | 61.91 | 105.84 |
| Tax Provision | 5.88 | 16.44 | -6.35 | 24.70 |
| Net Income | 27.03 | 40.49 | 64.45 | 76.09 |
| Net Income Common Stockholders | 27.03 | 40.49 | 64.45 | 76.09 |
| Total Expenses | 1,310.69 | 1,176.89 | 1,143.68 | 1,125.34 |
| Interest Income | 0.15 | 3.15 | 4.77 | 6.13 |
| Research And Development | 47.05 | 47.99 | 50.55 | 50.96 |
| Selling General And Administration | 224.59 | 248.94 | 277.44 | 288.09 |
| Normalized EBITDA | 85.74 | 82.58 | 83.36 | 130.99 |
| Normalized Income | 38.89 | 40.84 | 65.17 | 79.03 |
| Basic EPS | 1.05 | 1.59 | 2.55 | 3.02 |
| Diluted EPS | 1.03 | 1.58 | 2.54 | 3.01 |
| Tax Effect Of Unusual Items | -2.40 | -0.13 | -0.19 | -0.89 |
| Tax Rate For Calcs | 0.17 | 0.27 | 0.21 | 0.23 |
| Total Unusual Items | -14.27 | -0.48 | -0.91 | -3.83 |
| Total Unusual Items Excluding Goodwill | -14.27 | -0.48 | -0.91 | -3.83 |
| Net Income From Continuing Operation Net Minority Interest | 27.03 | 40.49 | 64.45 | 76.09 |
| Reconciled Depreciation | 18.11 | 20.14 | 20.35 | 21.01 |
| Reconciled Cost Of Revenue | 1,039.06 | 881.61 | 815.62 | 785.30 |
| Net Interest Income | 0.15 | 3.15 | 4.77 | 6.13 |
| Net Income From Continuing And Discontinued Operation | 27.03 | 40.49 | 64.45 | 76.09 |
| Total Operating Income As Reported | 60.09 | 60.74 | 64.75 | 100.42 |
| Diluted Average Shares | 26.36 | 25.58 | 25.40 | 25.30 |
| Basic Average Shares | 25.79 | 25.52 | 25.24 | 25.19 |
| Diluted NI Availto Com Stockholders | 27.03 | 40.49 | 64.45 | 76.09 |
| Minority Interests | -1.98 | -3.87 | -3.81 | -5.04 |
| Net Income Including Noncontrolling Interests | 29 | 44.37 | 68.26 | 81.14 |
| Net Income Continuous Operations | 29 | 44.37 | 68.26 | 81.14 |
| Other Income Expense | -18.63 | -4.30 | -4.96 | -6.44 |
| Other Non Operating Income Expenses | -1.41 | -0.73 | -0.59 | 0.05 |
| Special Income Charges | 6.72 | -1.22 | 2.65 | -5.73 |
| Gain On Sale Of Ppe | 0 | 0 | 0 | 0 |
| Other Special Charges | -6.54 | 0.08 | -2.87 | 3.98 |
| Write Off | 0 | 0 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 1.55 | 0.36 | 0.86 |
| Restructuring And Mergern Acquisition | -0.19 | -0.41 | -0.14 | 0.90 |
| Earnings From Equity Interest | -2.95 | -3.10 | -3.46 | -2.66 |
| Gain On Sale Of Security | -20.99 | 0.74 | -3.56 | 1.90 |
| Net Non Operating Interest Income Expense | 0.15 | 3.15 | 4.77 | 6.13 |
| Interest Income Non Operating | 0.15 | 3.15 | 4.77 | 6.13 |
| Other Operating Expenses | 0 | -1.65 | 0.06 | 0.98 |
| Other Taxes | 0 | 0 | 0 | 0 |
| Depreciation Amortization Depletion Income Statement | 18.11 | 20.14 | 0 | 0 |
| Depreciation And Amortization In Income Statement | 18.11 | 20.14 | 0 | 0 |
| General And Administrative Expense | 224.59 | 248.94 | 277.44 | 288.09 |
| Other Gand A | 224.59 | 248.94 | 277.44 | 288.09 |
| Operating Revenue | 1,364.06 | 1,238.85 | 1,205.78 | 1,231.49 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| IDT Corporationthis co. | IDT | $1.3B | 15.56β discount | 3.71 | 23.0% | 8.71 |
| Liberty Latin America Ltd. | LILAK | $1.6B | - | 2.92 | -57.5% | 9.02 |
| Liberty Latin America Ltd. | LILA | $1.6B | - | 2.85 | -57.5% | 8.98 |
| Rumble Inc. | RUM | $1.4B | - | 8.22 | -29.8% | -20.63 |
| Upwork Inc. | UPWK | $1.4B | 11.37 |
| 2.08 |
| 18.3% |
| 8.92 |
| Playtika Holding Corp. | PLTK | $1.3B | - | -3.20 | 50.2% | 4.76 |
| Sinclair, Inc. | SBGI | $1.1B | - | 2.40 | -30.3% | 10.89 |
| Genius Sports Limited | GENI | $1.1B | - | 1.45 | -15.4% | -6.61 |
| USA TODAY Co., Inc. | TDAY | $1.1B | 728.00 | 6.85 | 1.1% | 7.74 |
| Peer Median | - | 369.68 | 2.63 | -22.6% | 8.33 | |